TPG Rise Climate Acquires MIRATECH
September 4, 2024
TPG Rise Climate, the climate investing strategy of TPG, has acquired MIRATECH Corp., a North American market leader in aftermarket emissions and noise reduction technology for stationary industrial engines. The seller was BP Energy Partners (portfolio company of BP Natural Gas Opportunity Partners II); TPG plans to leverage MIRATECH's engineering and manufacturing capabilities to expand products, end markets (including data center backup power), and geographic reach to support decarbonization efforts.
- Buyers
- TPG Rise Climate
- Targets
- MIRATECH Corp.
- Sellers
- BP Energy Partners, BP Natural Gas Opportunity Partners II, L.P.
- Industry
- Industrial Services
- Location
- Oklahoma, United States
- Transaction Type
- Buyout
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